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Agence France-Presse
Gates donates $750m to UN's Global Fund

January 26, 2012

DAvos, Switzerland, Jan 26, 2012 (AFP) - Microsoft founder Bill Gates
unveiled Thursday a $750 million donation to the UN Global Fund to fight AIDS,
tuberculosis and malaria, saying the downturn must not trigger a fall in aid.

"These are tough economic times, but that is no excuse for cutting aid to
the worlds poorest," said Gates, who is attending the World Economic Forum in
Davos, the annual get-together of global and financial elite.

"The Global Fund is one of the most effective ways we invest our money in
every year."

The new commitment is in addition to the $650 million that the Gates
Foundation has already contributed since the Global Fund was launched 10 years
ago at Davos, said a statement.

Since stepping back from the helm of Microsoft in 2006, Gates has devoted
most of his time working with his wife on the Bill & Melinda Gates Foundation.